A beautiful Federation style house, located in a highly desirable street, in the sought-after suburb of Newstead. Ramsay Street is a very quiet, picturesque street only 5 minutes to the city. It is walking distance to local shops, Doctors Clinics, Supermarkets, Restaurants and the Newstead pub. Situated very close to several good schools, both private and public and close to gyms, sporting facilities and the PCYC with its own gym, activity programs and team sports. Built in the 1930s as a Federation-style "gentleman's residence", the house has elegant period features including classic high ceilings for living rooms and bedrooms, ceiling roses, two fireplaces and a claw foot bath. The large open plan kitchen/dining area catches plenty of sun light from early in the day with an easterly aspect. Two of the bedrooms are very spacious and two are smaller, suitable for the children's bedrooms or as study/home office/gym etc. There is ample storage with plenty of cupboards and a large storage area under the house. This is a great combination of old and new with a combination of old character, complimented by modern necessities in the recent renovation. The house has been completely rewired and plumbed, with new hot water service and dishwasher, a second bathroom/laundry and a covered sunroom leading to an outdoor BBQ area. Richly timbered floors, combine with tiled and carpeted areas. Outside you will find a single garage and carport, with off-street parking for a third car. The backyard is flat and fenced, featuring an outdoor patio for parties, lined with an attractive garden and a perfect, shady space for a garden cottage, kids' cubby or a safe space to play. The house has been rented previously and would make a great investment again. In the current market rentals are in high demand and this one would show a good return. Low maintenance with a great location, makes this house ideal. The property can be sold partly furnished if so desired. Rates are approximately $2075 per annum. A large house on a smaller sized block makes this a fantastic unit alternative.